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Oct 4, 2012
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federal tax, state tax, state income tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate successful small businesses from 35% to 40%. that will cost jobs. my priority is jobs so what i do is bring down the tax rates, lower deductions and exemptions. create more jobs because there's nothing better for getting us to an balanced budget than having more people working, earning more money paying more taxes, that's by far the more efficient way to get this balanced. >> obama: jim, i would just say this to the american people if you believe we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for -- $7 trillion just to give you a sense over ten year's that's more than our entire defense budget and you think that by closing loop holes and deductions for the well to do somehow you will not end up picking up the tab, then governor romney's plan may work for you, but i think math common sense and our history shows us that's not a recipe for job growth. we have tried this -- we have tried bot
federal tax, state tax, state income tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate successful small businesses from 35% to 40%. that will cost jobs. my priority is jobs so what i do is bring down the tax rates, lower deductions and exemptions. create more jobs because there's nothing better for getting us to an balanced budget than having more people working, earning more money paying more taxes, that's by far the more efficient way...
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Oct 4, 2012
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people who earn 4% of the income pay 4% of the taxes. people who earn 20% of the income pay 20% of the taxes. but there are people in the bottom groups pay as much tax as the others -- >> cenk: and that's not right. >> eliot: you can debate the philosophy -- >> cenk: it should be a lot more aggressive than that. there was a great article about the politicrat. that say hey dour you. >> john: he doesn't believe trickle-down works. and number two and even more damning is when he said this 47% comment, the fact is these are the people he should be trying to reach, and he really i think managed to alienate a lot of republicans too. and the fact is we finally found one kind of tax subsidy the gop doesn't like. >> al gore: here is a statistic on concentration of wealth. i had the occasion to go back and have somebody fact check it for me and really run it to ground. sam walton and his brother bud walton, founded wal-mart. their six children -- actually five children and one daughter-in-law, the six -- these six individuals in the next generatio
people who earn 4% of the income pay 4% of the taxes. people who earn 20% of the income pay 20% of the taxes. but there are people in the bottom groups pay as much tax as the others -- >> cenk: and that's not right. >> eliot: you can debate the philosophy -- >> cenk: it should be a lot more aggressive than that. there was a great article about the politicrat. that say hey dour you. >> john: he doesn't believe trickle-down works. and number two and even more damning is...
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Oct 4, 2012
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>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >> announcer: radio meets television. the "bill press show." now on current tv. >> announcer: this is the "bill press show". >> bill: it is 13 minutes before the top of the hour now on a thursday morning. the big thursday morning after last night's first presidential debate. taking your calls on what it all means and whether you think it will change the nature of the debate. niles standage has been covering all -- doing most of the predebate coverage. joining us on our news line this morning, take a look at the event itself. hey, nile, good morning. good to have you with us. >> bill: what's the consensus on last night? >> the consensus is quite simply that mitt romney had a much better night than president obama did. governor romney seemed
>>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >> announcer: radio meets television. the "bill press show." now on current tv. >> announcer: this is the "bill press show". >> bill: it is 13 minutes before...
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Oct 9, 2012
10/12
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he says he is going cut taxes by $4.8 trillion, but no taxes that will contribute to the deficit? >> yeah. that one stuck out, especially since you can go right back to the primary campaign and when he was debating newt gingrich and rick santorum and the rest of the crew, he said hey wait a second, i'm going to reduce taxes by 20% across the board including the top 1%. that was his line. and the other thing that really stuck out is this issue of preexisting conditions when he looks into the camera and says hey, my plan does cover preexisting conditions. well that is just not true. it doesn't cover preexisting conditions for people who haven't had insurance before, which is a big part of the problem, literally millions and millions of people who would not be covered under his plan. >> bill: the one that really disappointed me to say the least, three times he came back to president obama has cut medicare benefits by $716 billion. >> yeah well there's -- there are a number of problems with that, starting with that it's not true. it's -- what he has done is they found savings on the p
he says he is going cut taxes by $4.8 trillion, but no taxes that will contribute to the deficit? >> yeah. that one stuck out, especially since you can go right back to the primary campaign and when he was debating newt gingrich and rick santorum and the rest of the crew, he said hey wait a second, i'm going to reduce taxes by 20% across the board including the top 1%. that was his line. and the other thing that really stuck out is this issue of preexisting conditions when he looks into...
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he locked himself into some bad positions that he took during the republican primary, tax breaks for companies that ship jobs overseas, refusing to ask the wealthiest for a dime to reduce the deficit and those give us big openings to talk about on the campaign trail in key states in the weeks ahead. >> vice president biden, meantime, said his boss did a good job during a bright line between his policies and mitt romney's. >> i think the president did a wonderful job in making it clear just how stark that choice is. >> keeping them honest, that is precisely where the pundits, even those who support president obama, say he dropped the ball and when we asked our viewers whether mr. obama did better or worse than expected, 61%, nearly two in three, said he did worse. as for why the president himself supplied an answer today. twice today out on the stump using nearly identical wording each time. listen. >> when i got out on the stage, i met this very spirited fellow who claimed to be mitt romney. but i know it couldn't have been mitt romney. because the real mitt romney's been running aro
he locked himself into some bad positions that he took during the republican primary, tax breaks for companies that ship jobs overseas, refusing to ask the wealthiest for a dime to reduce the deficit and those give us big openings to talk about on the campaign trail in key states in the weeks ahead. >> vice president biden, meantime, said his boss did a good job during a bright line between his policies and mitt romney's. >> i think the president did a wonderful job in making it...
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Oct 8, 2012
10/12
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no new taxes. >> the difference between a hockey mom and a pit bull? lipsticks. >> you have to depend on your candidates ceasing a moment you didn't expect to have. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> you have a business you didn't build that. somebody else made that happen. >> i like to be able to fire people who give services to me. >> put you back in chains. >> they call it gaffes but the med media doesn't know he lost the primary because he looked like he teared up when he was defending his wife. then in 2008 hillary clinton cried. >> i have so many opportunities in this country. >> she began to tear up her voice cracked a little bit. >> i just don't want to see us fall backward. >> she showed being human. >> this is very personal for me. >> pundits pounce. >> they see it as weakness. >> makes it look like her campaign is in trouble. >> it showed clinton 10 points behind the next day she beat obama in the new hampshire primary. >> the kind of come back new hampshire has just given me. >>
no new taxes. >> the difference between a hockey mom and a pit bull? lipsticks. >> you have to depend on your candidates ceasing a moment you didn't expect to have. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> you have a business you didn't build that. somebody else made that happen. >> i like to be able to fire people who give services to me. >> put you back in chains. >> they call it gaffes...
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Oct 3, 2012
10/12
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would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16 billion of the national debt. even tom coburn, one of your heroes, from oklahoma, says we have to raise revenue. we have to cut spending. we have to balance our budget. that is not liberal, that is not conservative, it is just the truth. >> i will make a point that in that entire answer, mr. sadler did not disagree with me once that there is not a single texan who currently pays income tax that he is willing to rule out raising taxes on. i've asked to three times that question, and you have yet to give an answer. >> hold on, what about the question of revenue? he
would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16...
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Oct 5, 2012
10/12
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what he said is he's going to reduce tax rates, not reduce tax revenues. there is a huge difference in that. you reduce tax rates, you'll stimulate more job creation, stimulate more growth. that growth and that job creation is going to lead to people paying taxes. we have a real problem with the middle class in this country with the incomes going down from 54 to $50,000. we got to get people back working, we got to get people in higher income rate paying jobs and that will produce more tax revenues, to insure against any kind of deficit, though, he is going to limit tax deductions, which will affect the rich more than anybody else. >> the number is wrong because romney hasn't put details on the plan and i think the president hurt himself by continuing to repeat that. i was in the room and i was tired of hearing him say $5 trillion and $2 trillion. he was losing the room every time he said it. the onus is on romney to say, 'cause romney said pick a number about where we're going to max out the deductions. he had said 17,000. he's got to put meat on the bone
what he said is he's going to reduce tax rates, not reduce tax revenues. there is a huge difference in that. you reduce tax rates, you'll stimulate more job creation, stimulate more growth. that growth and that job creation is going to lead to people paying taxes. we have a real problem with the middle class in this country with the incomes going down from 54 to $50,000. we got to get people back working, we got to get people in higher income rate paying jobs and that will produce more tax...
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Oct 3, 2012
10/12
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i had to look at every single tax available, a sales-tax and income-tax, you name it. i have done it. so did the lieutenant governor at the time. that is something the lieutenant governor of the time said was our responsibility. you would not know anything about it. what you do not do is do your job as a legislator, worried problems will come along later, to try to run a campaign. >> i do not blame you. >> went over and over again, there is nothing else to suggest. that is all you do. >> there is nothing else to suggest that. i am sorry, mr. sadler, i think you lied. i am sorry you want to attack me personally. and impugn my character. i do not intend to reciprocate. that is a misstatement. there's a sharp policy different between the policies you have advocated and are advocating. i also think -- >> let him finish, please. >> if you will stop him in a reasonable time -- he just goes on for 20 minutes. >> we only have two minutes left ear. we will try to wrap up. >> mr. cruz, if you are successful, you will be the junior senator for texas. as i have said before, there
i had to look at every single tax available, a sales-tax and income-tax, you name it. i have done it. so did the lieutenant governor at the time. that is something the lieutenant governor of the time said was our responsibility. you would not know anything about it. what you do not do is do your job as a legislator, worried problems will come along later, to try to run a campaign. >> i do not blame you. >> went over and over again, there is nothing else to suggest. that is all you...
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Oct 3, 2012
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debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an expert, mitt romney on health care. he did it differently in massachusetts. he shouldn't be embarrassed about it. he can talk about it in a real way. >> brian: and he has recently on the stump. peter johnson, jr., thanks. >> we'll be watching. >> brian: and analyze tomorrow. 11 minutes before the top of the hour. up next, do you always hate what you see when you look in the mirror? up next, dr. keith ablow tells us if you are normal or nuts. right there, a free session for martha mccallum. on this day in history, 1956, "don't be cruel" by elvis presley. meanwhile, i think the russians were invading hungary [
debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an expert, mitt romney on health care. he...
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Oct 9, 2012
10/12
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CSPAN2
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the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and with that i'm going to turn over to charlie who knows about that much more than i do. [applause] i don't know a darn thing about law. [applause] i and addressing this issue of women's economic rights to the right of contraceptive health care coverage in the light of the demands of religious liberty. so, some of the things we've talked about. in my judgment it's been understood in this country has been pointed out it's important but it can conflict with other rights. so therefore i also distinguish between religious liberty and the very strict
the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and...